Eugenia B. is 41-old, has one child in school, and -- with her husband -- is a rice farmer. The school is raising the tuition and book fees. She sells a variety of godds in her small "sari-sari" store, which supplements somewhat the income from rice farming. "Sari-sari" means variety in the Philippines. Its like a sundry shop.
She is requesting a loan to buy fertilizers and to add more merchandise in her store. This will increase the yield of her small farm and help her attract more customers in her store.
CEVI helps her grow her farm. She has access to CEVI credit assistance, trainings and insurance coverage.
About Community Economic Ventures, Inc.
Community Economic Ventures, Inc. (CEVI), based in Bohol, was awarded the Platinum Award for Transparency in Social Performance Reporting by CGAP. Social performance monitoring is imperative in measuring a microfinance institution’s effectiveness. The fact that CEVI is participating in this process speaks volumes about the organization’s commitment to serving its clients effectively. In addition to providing credit for its clients, CEVI provides savings, insurance, and training through regular cluster group meetings.